$3,918 Closing Credit*
$329,900
1,872 SqFt
3 Beds
•2 Full Baths, 1 Partial
Lorenzino Salerno, Listing Office: AGENT TRUST REALTY CORPORATION
Is Southchase, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Southchase was a Seller's Market.
Key Takeaway
Southchase is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Southchase, FL
How much do homes in Southchase, FL cost?
Median Sold Price
$435,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+2.4%)
Key Takeaway
Homes in Southchase have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Southchase was $435,000 in November 2024, up 2.4% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $254.9K | $275K | +7.9% |
| 3 Bedrooms | $385K | $393.7K | +2.3% |
| 4 Bedrooms | $455K | $475K | +4.4% |
| 5+ Bedrooms | $543.2K | $579.9K | +6.8% |
Summary: Southchase housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 6.8%.
Housing Supply in Southchase, FL
How many homes are available in Southchase, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 44 | -12.0% |
Summary: The Southchase real estate market had 44 homes for sale in November 2024, a 12.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 22 | 18 | -18.2% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Southchase housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 7 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southchase, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Southchase in November 2024, down by 50.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Southchase, FL
How long does it take to sell a home in Southchase, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 100 Days | 23 Days | -77.1% |
Summary: Homes in Southchase had an average of 23 days on market in Nov 2024, down by 77.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Southchase has remained consistent over time.
Summary: During November 2024, 7 homes were sold in Southchase; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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